Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2851
CALL
Expedia Group
EXPE
$38.3B
| $490K | ﹤0.01% |
8,700
+1,100
| +14% | +$106K |
|
|
VIOT
2852
Viomi Technology
VIOT
$55.2M
| $489K | ﹤0.01% |
112,421
-50,510
| -31% | -$342K |
|
|
JBTM
2853
JBT Marel
JBTM
$6.12B
| $489K | ﹤0.01% |
6,590
-26,200
| -80% | -$2.62M |
|
|
USCR
2854
DELISTED
U S Concrete, Inc.
USCR
| $489K | ﹤0.01% |
26,933
-1,668
| -6% | -$51.3K |
|
|
CYBR
2855
CALL
DELISTED
CyberArk
CYBR
| $488K | ﹤0.01% |
+5,700
| New | +$657K |
|
|
IPHA
2856
Innate Pharma
IPHA
$249M
| $485K | ﹤0.01% |
72,657
-1,585
| -2% | -$10.7K |
|
|
CIIC
2857
DELISTED
CIIG Merger Corp. - Class A Common Stock
CIIC
| $485K | ﹤0.01% |
+50,000
| New | +$491K |
|
2858
Preformed Line Products
PLPC
$2.06B
| $483K | ﹤0.01% |
9,690
+5,895
| +155% | +$312K |
|
2859
PUT
Cadence Design Systems
CDNS
$95.7B
| $482K | ﹤0.01% |
+7,300
| New | +$506K |
|
2860
PC Connection
CNXN
$2.03B
| $482K | ﹤0.01% |
11,692
+3,358
| +40% | +$149K |
|
2861
First National Corp
FXNC
$281M
| $482K | ﹤0.01% |
32,134
+248
| +0.8% | +$4.71K |
|
|
CBMB
2862
DELISTED
CBM Bancorp, Inc.
CBMB
| $481K | ﹤0.01% |
41,494
-2,607
| -6% | -$35K |
|
|
LOVE
2863
LoveSac
LOVE
$235M
| $480K | ﹤0.01% |
82,297
+67,429
| +454% | +$689K |
|
|
REVG
2864
DELISTED
REV Group
REVG
| $480K | ﹤0.01% |
115,141
-552,521
| -83% | -$4.85M |
|
2865
Ameris Bancorp
ABCB
$5.73B
| $479K | ﹤0.01% |
+20,173
| New | +$719K |
|
2866
CALL
Cardinal Health
CAH
$54.7B
| $479K | ﹤0.01% |
10,000
-155,000
| -94% | -$8.05M |
|
2867
International General Insurance
IGIC
$1.14B
| $479K | ﹤0.01% |
57,621
-442,379
| -88% | -$4.36M |
|
|
CXO
2868
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $476K | ﹤0.01% |
11,100
+8,700
| +363% | +$605K |
|
2869
Shinhan Financial Group
SHG
$36.6B
| $474K | ﹤0.01% |
+20,338
| New | +$602K |
|
2870
Willdan Group
WLDN
$1.34B
| $474K | ﹤0.01% |
+22,172
| New | +$683K |
|
2871
Royal Bank of Canada
RY
$284B
| $473K | ﹤0.01% |
7,679
-320,176
| -98% | -$23.8M |
|
2872
Custom Truck One Source
CTOS
$2.2B
| $472K | ﹤0.01% |
143,941
+76,096
| +112% | +$288K |
|
2873
Pure Cycle
PCYO
$275M
| $472K | ﹤0.01% |
+42,291
| New | +$513K |
|
2874
Alico
ALCO
$295M
| $471K | ﹤0.01% |
15,172
+9,551
| +170% | +$323K |
|
2875
BioLife Solutions
BLFS
$1.82B
| $471K | ﹤0.01% |
49,594
-39,045
| -44% | -$536K |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.